As a thriving company, you want a current account that’s convenient
and practical for your day-to-day banking. At the same time, you
want to avoid compromising your Islamic values.

The Al Yusr Current Account from Oman Arab Bank is not only
fully Shari’a compliant and endorsed by leading scholars, but also
provides you with all the transactional features that you need to
operate your business accounts. You can access the account any
time, as and when you want, Cash withdrawals, deposits and cheque
payments are all straightforward and you’re also able to transfer
funds, make remittances and access other regular banking services.
In short, it’s the current account you can really trust.

How does it work in practice?

Al Yusr Current Account is a non-profit bearing, transaction account,
which is based on the Shari’a concept of ‘Qard’. Al Yusr Current
Accounts are designed to provide you the flexibility and convenience
of day-to-day transactional accounts, with the assurance that your
funds will only be used by the Bank in our Shari’a compliant business.
We receive your deposit in the form of Qard for an unspecified period
of time and we are bound to return it to you whenever you ask for it.

Yes. All products offered by Al Yusr are reviewed and approved by the Bank’s Shari’a Supervisory Board, comprised of the three following eminent Scholars:

Dr. Essam Al-Enezi - Chairman

Dr. Ahmad Ayyadi - Honorable member

Dr. Khalid Al-Siyabi - Honorable member

Benefits

No minimum balance fee

No minimum opening balance

No restriction on the number of transactions

Available in Omani Rial and other major foreign currencies

Free quarterly statements

Omani Rial chequebooks issued promptly

Cash withdrawals and deposits over the counter

Ability to set up standing instructions

Payment Order facility

Local and international remittances

Inward and outward clearing

Foreign currency cheque collection

No Minimum Balance Fee

Yes. All products offered by Al Yusr are reviewed and approved by the Bank’s Shari’a Supervisory Board, comprised of the three following eminent Scholars:

Please come and talk to us
If you have any queries, please visit our Islamic Banking branch and speak to us in person.
In the meantime, you can call us on 24754654 for assistance by our Relationship Managers or
Visit www.alyusr.om